Custodian appointment under Section 45 imposes bond, insurance, handling, security and compliance obligations for CFS operations. M/s. Apeejay Infralogistics Pvt. Ltd. is appointed custodian under Section 45 of the Customs Act for containers and related cargo at the specified Container Freight Station declared as a 'Customs Area', subject to execution of a bond and bank guarantee, compliance with handling, insurance, recordkeeping, security, EDI and transit-time obligations, liability for loss or pilferage (including duty and charges), cost-recovery for Customs officers, prohibition on charging demurrage for Customs-detained goods, restrictions on subletting without prior approval, and periodic review and termination rights reserved to the Commissioner.
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Custodian appointment under Section 45 imposes bond, insurance, handling, security and compliance obligations for CFS operations.
M/s. Apeejay Infralogistics Pvt. Ltd. is appointed custodian under Section 45 of the Customs Act for containers and related cargo at the specified Container Freight Station declared as a "Customs Area", subject to execution of a bond and bank guarantee, compliance with handling, insurance, recordkeeping, security, EDI and transit-time obligations, liability for loss or pilferage (including duty and charges), cost-recovery for Customs officers, prohibition on charging demurrage for Customs-detained goods, restrictions on subletting without prior approval, and periodic review and termination rights reserved to the Commissioner.
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